6 December, 2018
Wong & Partners, the member firm of Baker McKenzie International in Malaysia, advised Navis Capital Partners Limited on the sale of its controlling interest in Alliance Cosmetics Group ("Alliance") to Mandom Corporation, a Tokyo Stock Exchange-listed manufacturer and distributor of hair care, skin care, cosmetics and fragrances based in Japan.
Alliance is a leading colour cosmetic business in Southeast Asia with headquarters in Malaysia and a brand presence spanning Malaysia, Singapore, Indonesia, Brunei, Philippines, Vietnam and Indochina. With a leading market share in Malaysia, Singapore and Brunei as well as an established and fast growing position in Indonesia, it distributes a full range of colour cosmetics, hair colour and fragances under the "SILKYGIRL" brand and also distributes 3rd party personal care products.
Key Dates:
Signed on 22 November 2018
Lead Partner:
Stephanie Phua
Supporting Lawyer(s):
Daniel Tan (associate), Kimberly Ng (associate)
Additional Related Links:
Mandom press release
BDA partners press release
